MarketWatch tells MHProNews MH component supplier Patrick Industries, Inc. (PATK) announces it has been added to the U.S. broad-market Russell 3000® Index and small cap Russell 2000® Index, “…honored to to have joined the prestigious group of companies that comprise the Russell 3000® Index,” says Patrick’s CEO Todd Cleveland. The Russell Index ranks the largest 4,000 U.S. stocks by market capitalization. A global asset manager, Russell indexes are used by investment managers and institutional investors for investment strategies. Patrick makes a variety of building products for the MH, RV, and industrial markets through facilities located in 12 states.
(Image credit: Patrick Industries, Inc.)